Home-start Omagh District Ltd Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2023 Achievements and performance The statement of Financial Activities on page 5 sets out the results for the year. The trustees, are indebted to the funding bodies for their support and are pleased with the number of families availing of the services of Home-start Omagh District during the year. Flnancial review The company is non-profit making and Ihe members are aware of the sustainable use of resource. Reserves Policy The directors of Hom&Start Omagh District Ltd have set up a reserves policy which requires that reserves be maintained at a level which ensures that the organisations core activities could continue during a period of unforseen difficulty. The directors consider this figure should be no less than £15,000 and will endeavour to keep it at this level. Plans forfuture periods Home-start Omagh District Ltd plan to continue wtth its currenl undertakings for the forseable future. Small company provisions This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on 4 September 2023 and signed on behalf of the board of trustees by: Carol Moore (Chairperson) Trustee
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